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FBN Capital to boost investment banking

By on June 17, 2016

FBN Capital Limited says it is committed to the growth of the Nigerian economy and will continue to boost investment banking in the country.

The lender said it would raise the bar of investment financing by rending sound professional services.

The banker stated this after it received accolades from The Banker, Global Finance and EMEA Finance Achievement Awards.

FBN Capital, the investment banking and asset management subsidiary of FBN Holdings Plc, was recognised for consistent and outstanding performance by three financial awards institutions.

The firm emerged as the winner of the ‘Best Refinancing in Africa’ at the EMEAFinance Achievement Awards; the “Deal of the Year Africa” at The Banker Awards; and the “Most Innovative Bank in Africa’ by Global Finance Awards.

Reacting to the development, the Director and Head, Debt Solutions, FBN Capital, Mr. Patrick Mgbenwelu, was quoted as saying, “These awards reaffirm our ability to remain at the forefront of structuring and closing innovative financing solutions within the African Investment Banking industry. We are pleased to have upheld the trust our clients placed in FBN Capital to assist in heading, structuring and arranging the Accugas IV financing, and our team remains committed to launching similar robustly structured financings in the local market.”

The investment bank said it was also awarded “Best Investment Bank in Nigeria’ by Global Finance Magazine for the fifth consecutive year.

The Head, Marketing and Corporate Communications, FBN Capital, Lolade Sasore, while commenting on the award, said, “We are honored to receive the recognition as an acknowledgement of the high standards we deliver for our clients whom we truly see as partners.

“As a member of the FBN Holdings Group, FBN Capital is committed to raising the bar much higher and offering our clients the most innovative solutions, demonstrating unrivaled market expertise and reliable business values.

She added, “Providing sound professional advice and execution capabilities in supporting the financing, investing, trading, securing and advisory needs of our clients is our singular focus, and our partners remain confident that they can rely on us to look beyond today and create opportunities for their tomorrow.”

EMEA Finance is a bi-monthly global industry publication that reports on the major financial events and happenings initiated and influenced by the international financial industry in Europe, the Middle East and Africa.

The Banker, a part of the Financial Times Group, has been providing global financial intelligence since 1926 and for the annual award, one winning bank is selected for each of the 120 countries judged.

The Global Finance Awards uses a series of criteria including market share, number and size of deals, service and advice, structuring capabilities, and distribution network, according to the group.

[Punch]

4 Comments

  1. dangle

    September 8, 2016 at 10:24 am

    ISLAMIC BANK HAS BEEN BROUGHT IN NIGERIA TO STRAIGHTEN THE ISLAMIZATION OF THE COUNTRY NIGERIA, READ THIS:

    Nigeria News » Headlines » NCEF lists discriminatory appointments against Non-muslims, says Buhari has islamized Nigeria

    NCEF lists discriminatory appointments against Non-muslims, says Buhari has islamized Nigeria
    By Danielle Ogbeche on August 11, 2016

    Chairman of the Nigerian Christian Elders Forum, NCEF, Solomon Asemota,
    says Nigerians ought to be reminded that the present distress in the
    nation is not an act of God but man-made.

    He said the agenda of the Buhari-led government is to Islamize the
    country which is definitely unfair and unjust to Christians in Nigeria.

    In a press release on Thursday, Asemota listed all appointments in
    the Security Units in the nation, adding that Buhari has ”masterfully
    completed the configuration of the entire National Security
    structure/architecture firmly in the hands of the Northern Hausa-Fulani
    Muslims alone.”

    The statement also contains full list of army officers compulsorily
    retired by Muhammadu Buhari. It said they are 90% non-Muslims which
    projects that Ethnic and Regional cleansing continues.

    The full press statement reads thus:

    “Islamist Jihadists of the Hausa, Fulani and Kanuri Ethnic
    Nationalities, who are Negroid immigrants to Nigeria, are pushing the
    nation to an implosion. It is therefore imperative that the remaining
    386 Ethnic Nationalities of Nigeria should, as a matter of priority,
    convene a Conference to demonstrate to the few Islamist Jihadists of the
    three Ethnic Nationalities the grave danger of Islamism as a system of
    governance.

    “Nigerians are reminded that the present distress in the nation is
    not an act of God but man-made. The brazen and audacious imposition of
    Islamist Jihadists into key positions in the country is not an
    expression of religious piety but a deliberate manipulation of religion
    for cultural and political domination by three Ethnic Groups. This
    Agenda commenced in 1975 after the overthrow of General Gowon. The
    Islamist Jihadists are a violent and domineering strain of Islam
    rejected by mainstream Muslims.

    “We are reminded that after the Arab Spring, Tunisia and Egypt
    elected Islamists of the Muslim Brotherhood into power. One year later,
    the two Arab Islamic Nations staged another revolution and sacked them.
    If Arab Nations could not tolerate Islamist Jihadists’ domination, we
    wonder how Nigeria, a multi-cultural, multi-religious, multi-lingual,
    and multi-ethnic nation would cope with the dire consequences of
    flooding government with Islamist Jihadists.

    “The signs are ominous that the Islamist Jihadists, a minority in the
    three Ethnic Nationalities of Arab ancestry, have contrived a
    malevolent agenda against the other 386 Negro Ethnic Nationalities that
    make up Nigeria. These Negro Ethnic Nationalities and non-Islamist
    Jihadists must rise to contain the present challenges especially the
    activities of the murderous Boko Haram and Fulani Herdsmen that is now
    being strengthened with the discriminatory appointments that weighs very
    much against non-Muslims in Nigeria. The distinction between Negroes
    and Negroids is necessary to reject the assumption of superiority of the
    Negroid of Arab descendants in Nigeria.

    “It is pertinent to explain that there is a difference between Islam and
    Islamism. While Islam is a Religion, Islamism is but a political
    ideology that holds that Islam is not only a religion but a political
    system that must dominate wherever Islam is practiced in the world.
    Islamism is the ideology driving the Taliban, Al Shabab, Al Qaeda, ISIS,
    Boko Haram, Fulani Herdsmen and others.

    “Islamism operates through religious terrorists and stealthily
    through “Civilization Jihad” (deceit) both seek to undermine democratic
    societies and convert them forcefully to Sharia States. All attempts to
    draw the attention of the Buhari Administration through previous Press
    Releases and Press Conferences have, mischievously, been interpreted as
    politics. We are also dismayed that the Christian Coalition Group as
    well as other arms of Christians in Nigeria that have expressed concern
    about evolving issues in the Nation have been described as members of a
    political party (the PDP). This is a very disappointing response to very
    serious national issues.

    “As Nigerians, we have the right to comment on issues that are of
    great importance to the nation especially when our elected
    representatives chose to be silent. While we were worried about the
    lopsided appointments in the Security Services, we also noticed, a few
    days ago, that the Education Sector has been privatized in the hands of
    only the Fulanis and Islamist Jihadists. Virtually all strategic federal
    educational offices/appointments, have gone to persons with Islamist
    Jihadists tendencies as heads in the universities, polytechnics,
    colleges of education, University Admissions Board (JAMB), Educational
    Funding and Policy Departments, etc. Our concern is not about the job
    and appointments but the fundamental Islamist Jihadists Agenda that is
    playing out in Nigeria. What the list of students’ admission will look
    like in the nearest future in our Nation with an Islamist Jihadist in
    charge of JAMB, we are constrained to ponder.

    “During the 2015 Election a major apprehension was the possibility of
    President Buhari dividing Nigeria along religious lines. This
    apprehension has now been justified as the President has officially
    completed the last phase of the Islamization exercise by instituting a
    strong Islamic foundation throughout the Nigerian Education Sector. Most
    functional Boards in the Civil Service are headed mostly by Muslims and
    Fulanis which is becoming a threat and danger to the very foundation of
    Nigeria. We, as Christians, pray that God will save us from the hands
    of the Islamist Jihadists. We appeal to Mr. President not to set a
    record as the most insensitive President ever in the history of Nigeria.
    Mr. President assured the Nation during his inauguration, that he
    belongs to everybody: “I BELONG TO EVERYBODY, I BELONG TO NOBODY” he
    said. Unfortunately, since coming into office, President Buhari has
    consistently proved that he belongs only to Muslims and the Fulanis. Mr.
    President has finally confirmed what he affirmed in his BBC Hausa
    interview in 2003 when, according to Hope For Nigeria, he stated that he
    would continue in the “quest to ensure that Islamic Sharia is spread
    across Nigeria.”

    Below are some of the very important appointments made by “Federal
    Islamist Jihadist’s imperial Government” to confirm our apprehension:

    Chief Executives of Educational institutions:

    1] Head of Universities: NUC Prof. Abubakar Adamu Rasheed Hausa/Fulani Muslim

    2] Head of Polytechnics: Hausa/Fulani Muslim

    3] Head of Colleges of Education: Prof. Bappah Aliyu Hausa/Fulani Muslim

    4] Head of TETFUND: Dr. Abdulahi Baffa Hausa/Fulani Muslim

    5] Head of JAMB: Prof. Ishaq Oloyede-Professor of Arabic studies–Muslim

    6] Head of UBEC Dr. Hameed Bobboyi: Hausa/Fulani Muslim

    7] Head of NABTEB: Hausa/Fulani Muslim

    8] Head of NTI: Prof. Garba Dahuwa Azare Hausa/Fulani Muslim.

    88% of the appointments are Northern Muslim/Fulani Muslim. (Only one person is from South West, nevertheless, a Muslim.)

    This is in addition of handing over the Security Units in the Nation
    to Muslims. President Buhari has masterfully completed the configuration
    of the entire National Security structure/architecture firmly in the
    hands of the Northern Hausa-Fulani Muslims alone to the exclusion of all
    other ethnic groups in Nigeria. This is definitely unfair, not just to
    Christians but to all non-Muslims in Nigeria.

    The Security Units are configured as follows:

    1. Police IG ……….. Northern Muslim Hausa-Fulani

    2.Chief of Army Staff ……. Northern Muslim Hausa-Fulani

    3. Minister for Defense ….. Northern Muslim Hausa-Fulani

    4. Minister for Internal Affairs …… Northern Muslim Hausa-Fulani

    5. National Security Adviser (NSA) ……… Northern Muslim Hausa-Fulani

    6. DG, Department of State Services (DSS) ….. Northern Muslim Hausa-Fulani

    7. Commandant General, Nigeria Security and Civil Defense Corp (NSCDC) ….. Northern Muslim Hausa-Fulani

    8. Chief of Staff …… Northern Muslim Hausa-Fulani

    9. ADC to President ……. Northern Muslim Hausa-Fulani

    10. CSO to President ….. Northern Muslim Hausa-Fulani

    11. Principal Secretary ……. Northern Muslim Hausa-Fulani

    12. Private Secretary to President ……. Northern Muslim Hausa-Fulani

    13. Protocol to President ….. Northern Muslim Hausa-Fulani

    14. DG Customs ………. Northern Muslim Hausa-Fulani

    15. DG, EFCC ……. Northern Muslim Hausa-Fulani

    16. DG, Nigeria Prisons ….. Northern Muslim Hausa-Fulani

    17. DG, Immigration …… Northern Muslim Hausa-Fulani

    18. Chairman, INEC …… Northern Muslim Hausa-Fulani

    19. Minister for Petroleum …… Northern Muslim Hausa-Fulani

    20. Minister for FCT …….. Northern Muslim Hausa-Fulani

    21. President/Commander In Chief of the Armed Forces …………. Northern Muslim Hausa-Fulani

    Fellow Nigerians, added to the above disturbing appointments are:

    1. Head of National Assembly/Senate President …… Northern Muslim

    2. Head of Judiciary/Chief Justice of Nigeria ….. Northern Muslim Hausa-Fulani

    3. Head, Federal Courts of Appeal …… Northern Muslim Hausa-Fulani

    4. All Registrars and Principal Officers all Levels of the Federal Judiciary ….. Northern Muslim Hausa-Fulani

    5. Clerk of the National Assembly …… Northern Muslim.

    Police Officers Announced as New AIGs:

    1] Ibrahim Adamu, AIG, Zone 1

    2] Abdulmajid Ali, AIG, Zone 2

    3] Usman Tilli, AIG zone 3

    4] Dorothy Gimba AIG, Investment Formation

    5] Mohammed Mohammed, AIG Special Protection Unit

    6] Mohammed Katsina, AIG National Institute for Policy and Strategic
    Studies, Jos It is notable that State CPs were also Promoted to AIG
    making it a total of 18 New AIGs.

    Other appointments of President Buhari are as follows:

    1. DG DPR, Mordecai Ladan. North/West

    2. Accountant-General Ahmed Idris;. Nort/ West

    3. Chief of Protocol, Lawal Kazaure Kano North/West

    4. Chairman INEC, Mahmoud Yakubu North/East

    5. Chief of Staff, Abba Kyari Borno North/East

    6. DG NIMASA, Buba Haruna Jauro Yobe North/East

    7. Head of Service, Winifred Ekanem Oyo-Ita South/South

    8. SSA Media, Shehu Garba Kano North/West

    9. SA Media, Femi Adeshina Osun South/West

    10. CG NSCDC, Abdulahi Mohammed North Central

    11. DG SSS, Lawal Daura Katsina North/West

    12. NSA, Babagana Monguno Borno North/East

    13. CDS, Abayomi Gabriel Ekiti South/West

    14. Chief of Army Staff, T. Y. Buratai Borno North/East

    15. Chief of Air Staff, Marshal Sadique Bauchi North/East

    16. Chief of Naval Staff, Ibok-Ete Ekwe Ibas Cross River South/South

    17. DG Amnesty, Brig. P. T. Boroh South/South

    18. ADC, Mohammed Lawal Kano North/West

    19. CSO, Abdulrahman Mani North/West

    20. EVC NCC, Umaru Danbatta Kano North/West

    21. Chairman Transition Committee, Ahmed Joda North/East

    22. MD AMCON, Ahmed Lawan Kuru North/West

    23. CG Customs, Col Hameed Ali North/West

    24. Aliyu Yahaya Gusau DG Budget North/West

    25. EC FIRS, Dr Williams Babatunde Fowler Lagos South/West

    26. Babachir David Lawal SGF North/East

    27. CG Customs, Col Hameed Ali North/West

    28. CG Immigration, Kure Martin Abeshi North Central

    29. SSA NASS, Suleiman A. Kawu North Central

    30. SSA NASS, Ita S.J. Enang South/South

    31. MD NPA, Habibu Abdulahi Kano North/West

    32. DG Budget, Aliyu Gusau Zamfara North/West

    33. EFCC, Madu Ibrahim North/West

    34. DG NOTAP, Dan Azumi Mohammed North/West

    35. NIMC, Engr. Aliyu M Aziz North Central

    36. NDIC, Umaru Ibrahim Kano North/West

    37. Federal Character, Shettima Bukar Abba North/East Borno

    38. SA Social Protection, Maryam Uwais Kaduna, North/West

    39. Chairman NDLEA, Muhammad Abdallah Adamawa, North/East

    40. MD NDDC, Sam Ekere A/Ibom, South/South

    41. PA New Media, Bashir Ahmed Kano, North/West

    42. NEITI Waziri Adio, Osun South/West

    42. DG SMEDAN Dr Dikko Umaru Raqqa. Katsina North/West

    43. DG NIMASA, Dakuku Peterside Rivers South/South

    44. OPEC, Sec Gen Mohammed Barkindo North/West

    45. DG NYSC, Kazaure North/West

    46. SA Prosecution, Okoi Obono-obla Cross River South/South

    47. CG Prisons, Ahmed Jafaru Jigawa North/West

    48. CG Immigration, Mohammed Babandede Jigawa North/West

    Let us attempt a tally of the last set numbered 1-48 only

    North/West 25

    North/East 9

    North Central 4

    South/West 4

    South/ South 6

    South/ East 0

    This is the full list of the army officers compulsorily retired by
    Muhammadu Buhari. They are 90% non-Muslims. It projects that Ethnic and
    Regional cleansing continues:

    Maj. Gen TC Ude (SE-)

    Maj. Gen LC Ilo (SE)

    Maj. Gen IN Ijeoma (SE)

    Maj. Gen O Ejimai (SE)

    Maj. Gen PAT Akem (SS)

    Maj. Gen ED Atewe (SS)

    Maj. Gen Letam Wiwa (younger brother of murdered Environmental Rights activist and Author, Ken Saro-Wiwa) (SS)

    Maj. Gen FO Alli (SS)

    Maj. Gen Mobolaji Koleoso (SW)

    Maj. Gen SD Aliyu (MB)

    Maj. Gen MY Ibrahim

    Brig. Gen GO Agachi (SE)

    Brig. Gen Okonkwo (SE)

    Brig. Gen Ogidi (SS)

    Brig. Gen Koko Essien (SS)

    Brig. Gen PE Ekpeyong (SS)

    Brig. Gen Bright Fiboinumama (SS)

    Brig. Gen. M. Onoyiveta (SS)

    Brig. Gen IMD Lawson (SS)

    Brig. Gen Oyefesobi (SW)

    Brig. Gen AI Onibasa (SW)

    Brig. Gen Bashir Mormo (SS)

    Brig. Gen AH Sa’ad (SS)-Former ADC to late President Musa Yar’adua

    Brig. Gen MG Ali

    Brig. Gen LN Bello

    Brig. Gen D Abdusalam

    Col. CK Ukoha (SE)

    Col. OU Nwankwo (SE)

    Col. Nicholas Achinze -Dasuki’s ADC (SE)

    Col. Tonye F Minimah –Younger brother of former Chief of Army Staff, LT. General Kenneth Minimah (SS)

    Col. FD Kayode (SW)

    Col. Ojogbane Adegbe –ADC to former President Goodluck Jonathan (MB)

    Col. Audu (MB)

    Col. DR Hassan

    Col. MA Suleiman

    Lt. Col GC Nyekwu (SS)

    Lt. Col C Enechukwu (SE)

    Lt. Col CO Amadi (SE)

    Lt. Col Adimoha (SS)

    Lt. Col OC Egemode (SS)

    Lt. Col TE Arigbe (SW)

    Lt. Col TO Oladuntoye (SW)

    Lt. Col Baba Ochankpa (MB)

    Lt. Col DB Dazang (MB)

    Lt. Col A Mohammed

    Lt. Col AS Mohammed

    With the above statistics, it is fair to suggest that President
    Buhari is promoting division between Muslims and other Nigerians.

    We wonder, whether, Islamism has something to do with the abolition,
    by President Buhari, of the single four-year tenure for Permanent
    Secretaries and two-term of four years (eight years) tenure for
    Directors in the Federal Civil Service in order to entrench Islamism and
    neo-colonialism in Nigeria.

    COLLABORATION AND ACQUIESCENCE OF ELITES IN NIGERIA

    There is need to define imperialism and what it stands for, especially
    because the Fulani Jihadists after having been conquered by the British
    imperialists were appointed junior partners in imperialism and
    colonialism by way of Indirect Rule throughout Northern Nigeria. This
    form of colonial policy was adopted with some modifications to suit
    Southern Nigeria. Imperialism is a type of advocacy of Empire. Its name
    originated from the Latin word “imperium”, which means to rule over
    territories. Imperialism is “a policy of extending a country’s power and
    influence tough colonization, use of military force, or other means”.
    Imperialism also includes a policy of extending a country’s power and
    influence through diplomacy or military force. Imperialism is
    particularly focused on the control that one group, often a state power,
    has on another group of people.

    “This is often through various forms of racial, religious, or
    cultural stereotypes. There are “formal” or “informal” imperialisms.
    “Formal imperialism” is defined as “physical control or full-fledged
    colonial rule”. “Informal imperialism” is less direct; however, it is
    still a powerful form of dominance. Northern and Southern Nigeria ceased
    to exist as political terminologies with the Creation of States in 1967
    by General Gowon. There cannot be a political North when there is no
    such South. Unfortunately, the ghost of colonialism continues to haunt
    Nigeria with the Fulani as the “ghost” and neo-colonialists of Arewa
    (North) with a perceived South. The South as is employed is used merely
    to promote Arewa (North) as a political terminology. After independence,
    the Fulani decided that they were successors to the British imperialism
    in Nigeria, and, thereby have become the neo-colonialists with military
    arsenal and man-power to continue where the British left. This backward
    policy is not in accord with Democracy, the 21st Century Africa and the
    World.

    “History will be very harsh on non-Muslim Nigerians especially the
    “Christian elites” if we do not let President Buhari appreciate that
    Democracy not Islamism is the best form of government invented by
    humans. Only democracy can save Nigeria from the paths treaded by
    Pakistan, Afghanistan, Rwanda, Eretria, Burundi, Southern Sudan, Central
    African Republic, Syria, Iran and Yemen etc. We therefore draw the
    attention of all non-Muslims in government (past and present) from
    Presidents, Heads of State, Vice-Presidents, Presidents and Deputy
    Presidents of the Senate, Speakers of the House of Representatives,
    Governors, Members of the Senate and House of Representative and State
    Assemblies, Church leaders, Cardinals, Overseers, Archbishops, Bishops,
    Pastors and Priests to realize that Christians constitute 50% of the
    population of Nigeria and that it is only with their collaboration and
    acquiescence that the Islamization of Nigeria can be accomplished.

    “This appeal also goes to professional groups like the Nigeria Bar
    Association (NBA), Nigeria Medical Association (NMA), Nigerian Union of
    Journalist (NUJ), Nigerian Society of Engineers (NSE), Chartered
    Institute of Bankers of Nigeria (CIBN), Nigerian Institute of Estate
    Surveyors and Valuers of Nigeria (NIESV), Institute of Chartered
    Accountants of Nigeria (ICAN), Medical and Dental Consultants
    Association of Nigeria (MDCAN), Pharmacy Council of Nigeria (PCN),
    Manufacturers Association of Nigeria (MAN), Nigerian Institute of
    Marketing of Nigeria (NIMN), Nigerian Institute of Public Relations
    (NIPR), Chartered Institute of Stockbrokers (CIS), Chartered Institute
    of Personnel Management of Nigeria (CIPM), Nigeria Institute of
    Architects (NIA), National Association of Nigerian Nurses and Midwives
    (NANNM), Nigerian Institute of Management (NIM), Nigerian Institute of
    Quantity Surveyors (NIQS), National Union of Petroleum & Natural Gas
    Workers (NUPENG), National Union of Textile & Garment Workers of
    Nigeria (NUTGWN) and other professional associations trained in Western
    democracies. Surely they do not want to leave the country once again as
    some did during the 1975 purge of educated Nigerian. They must all speak
    out to save their countr

    “Nigeria and its young Democracy. Boko Haram, Fulani herdsmen are not
    alternatives. We, Christians will be called to question in the world
    beyond if we do nothing. We the elites will appear before God to explain
    why we failed to utilize God’s gift to us especially our knowledge to
    solve our country’s problems by working to stop the backward policies of
    Islamist Jihadists. Christian elites who are vocal in condemning
    Christians in authority cannot remain silent unless of course they have
    sold out to the Islamist Jihadists in Nigeria.

    “We must conclude by pointing out that imperialism rested on and
    indeed was sustained by “assumptions of superiority”, where one white
    person or Negroid in the case of Nigeria was thought to be worth
    literally any member of blacks”. In Nigeria, the Arab descendants who
    partnered the British in Indirect Rule believe that they are superior to
    Negro tribes that make up over 80% of the population. Nigerian
    non-Muslims who acquired Western education over 70 years before the Arab
    Negroids are being regarded “technically” as inferior to those with
    Arabic education Boko Haram – Western education is “worthless”.

    “”Thus Western educated collaborators are promoting unwittingly, the
    superiority of the Arab descendants over the other 386 Nationalities
    that make up Nigeria with Islam as superior to Christianity and other
    Religions. Not only are these Jihadists’ assumptions false, wicked and
    devious, they are also backward, retrogressive, undemocratic and against
    the rule of law.

    Our answer is to show that while arms and Taqiyya (deceit) win
    Jihads, it takes ideas to win the peace. The options open to us
    non-Islamist Jihadists in Nigeria today are Dialogue, Reconciliation and
    Restructure in that order.”

    God Bless Nigeria,

    Solomon Asemota, SAN

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